Dell to buy EqualLogic for $1.4 billion
Computer maker Dell Inc. on Monday said it has agreed to buy EqualLogic, a developer of network storage systems, for about $1.4 billion in cash.
Dell said its expects the acquisition to be reduce its earnings per share, excluding the amortization of intangibles, by 2 to 5 cents in aggregate for the fiscal years 2009 and 2010.
(Reporting by Franklin Paul)
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